China Mobile aims for 52% price premium with Shanghai listing

China Mobile's A-share issue price represents a 52% premium versus its HK$46.35 close in Hong Kong on Monday. Trading was largely flat on ... ArrowArtboardCreatedwithSketch.ArtboardCreatedwithSketch.TitleChevronTitleChevronIconFacebookIconLinkedinIconMailContactPathLayerIconMailPositiveArrowIconPrintIconTwitterTelecommunicationChinaMobileaimsfor52%pricepremiumwithShanghailistingCountry'slargestdebutsharesale'implementsnationalstrategy'ChinaMobileChairmanYangJiesaidfundraisingwas"onlyapartofourconsiderations"inmaking planstolistin Shanghai.  ©Reuters KENJIKAWASE,NikkeiAsiachiefbusinessnewscorrespondentDecember21,202118:45JST|ChinaCopyCopiedHONGKONG--ChinaMobile,theworld'slargesttelecommunicationsoperatorby subscribers,aimstofetchapremiumofmorethan50%astheHongKong-listedcompanysellssharestodomesticinvestorsforthefirsttime.ReadNext5GnetworksChina's5GbaseinstallationsslowasU.S.partsdryupCompaniesCNOOCplansShanghaisharesaleamidU.S.sanctionsTelecommunicationChinaTelecomringsup35%debutgainafterslowstartinShanghaiTelecommunicationAfterNYexit,ChinaMobileeyesbigU-turnwithShanghailistingTelecommunicationEricssontorestructureChinaoperationsaftersalesplungeSponsoredContent AboutSponsoredContent ThiscontentwascommissionedbyNikkei'sGlobalBusinessBureau. NikkeiAsianReview,nowknownasNikkeiAsia,willbethevoiceoftheAsianCentury. Celebrateournextchapter Freeaccessforeveryone-Sep.30 Findoutmore Bycontinuingtobrowsethiswebsite,youacceptcookieswhichareusedforseveralreasonssuchaspersonalizingcontent/adsandanalyzinghowthiswebsiteisused.Pleasereviewour CookiePolicy tolearnhowyoucanupdateyourcookiesettings. Accept&Continue Close